8/9/2019 Assessment - MHF4U k1+, Advanced Functions, 12, University - Virtual High School

AfL Assignment: Analyzing Solutions

Instructions
You can either copy and paste these questions into a word document, or use the "Print Assignment" button to print a hard
copy for yourself. Then complete these assignment questions by hand, or in your word processor, and upload your full
solutions to the Dropbox titled "AfL Assignment: Analyzing Solutions".

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Question 1 (8 points)

Your friend Ming answers the following question on her quiz:

"You have worked hard at your summer jobs – and saved almost all of your earnings.
After two summers, you have saved $3500. If the bank is paying 3.25%/year,
compounded semi-annually. How much will your savings be worth in 5 years?"

Her solution was:

Using the formula:

She receives a mark of 5/10 and asks you to explain why she lost 5 marks. In your
answer make sure to:

a) Explain why her solution is not accurate.

b) Show what she should have done.

c) Give some general advice in answering these kinds of questions.

Submitting Your Assignment

This is the end of your assignment. After completing all of the questions, upload your work to the appropriate dropbox.

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